United States president, Donald Trump, has said he will ban the operation of the popular video-sharing app, from the country
The feud between Chinese companies and the United States is not showing any sign of settlement, as the US president has announced his plans to ban TikTok
“As far as TikTok is concerned, we’re banning them from the United States. Well, I have that authority,” Trump said to reporters while aboard Air Force One.
According to Trump, he could use emergency economic powers or executive order. It is however not clear how he is going to do that or how the order would look like.
The President is expected to sign an order to force ByteDance, the Chinese company that owns the social media platform, to sell the US operations of TikTok.
This move was aimed at resolving policymakers’ concerns that the foreign-owned TikTok may be a national security risk.
According to Treasury Secretary, Steven Mnuchin, the US government is conducting a national security review of TikTok and preparing to make a policy recommendations to Trump.
ByteDance has been trying to make changes to its corporate structure and had also reportedly been looking into the possibility of selling a majority stake in TikTok.
Microsoft, on the other hand, was also planning to acquire TikTok. Trump, however, rejected the idea of a potential deal by making sure the issue of national security concerns comes first.
According to analytics company, Sensor Tower, the app was downloaded 315 million times in the first three months of the year and has more quarterly downloads than any other app in history.
TikTok has been perceived by critics as an app that is immensely dangerous. They believe that the data it collects on its US users might end up in the hands of the Chinese government.
“TikTok US user data is stored in the US, with strict controls on employee access. TikTok’s biggest investors come from the US. We are committed to protecting our users’ privacy and safety as we continue working to bring joy to families and meaningful careers to those who create on our platform,” TikTok spokesperson Hilary McQuaide told CNN Business Saturday.
Cybersecurity experts, however, said there is no evidence to prove that TikTok is a potential risk to the US and its users